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The ringgit is likely to trend higher this week in the range of RM4.16 to RM4.17, with the market adopting a cautious stance prior to Bank Negara Malaysia's (BNM) economic assessment on Thursday (Jan 20).
KUALA LUMPUR: Money seized by the Malaysian Anti-Corruption Commission (MACC) for investigation purposes should be kept at Bank Negara Malaysia instead of the commission’s vaults, says the Special Committee on Corruption.
KUALA LUMPUR: The government has channelled RM20.107 billion to 357,402 employers through the Wage Subsidy Programme (PSU) to maintain the employment of 2,951,245 local workers in an effort to reduce the unemployment rate among Malaysian workers.
KUALA LUMPUR: HSBC expects the economic recovery in Malaysia to be quite strong this year, with the gross domestic product (GDP) set to expand 5.6 per cent despite the impact of the recent floods in the country.
Interest in pre-loved goods spiked during the pandemic as people’s shopping habits changed when they spent more time at home.
Bursa Malaysia is expected to keep to the sideways next week amid cautious market sentiment, mainly from the external front, but the key index will stay above the psychological level of 1,500, dealers said.
Sumitomo Mitsui Banking Corporation Malaysia (SMBC Malaysia) marks its 10-year milestone by introducing environmental, social, and governance (ESG) products that further cements its commitment towards sustainability in Malaysia.
KUALA LUMPUR: A total of 85,000 micro-entrepreneurs will be assisted this year to restore business capacity affected by the Covid-19 pandemic and the recent floods, says Bank Simpanan Nasional (BSN) chief business officer Mujibburrahman Abd Rashid.